quantity (Cournot) competition
Price vs quantity competition in a vertically related market revisited
... vs. quantity competition in a vertically related market, Economics Letters, 124: 122-126) show that, in a vertically related market, Cournot competition yields higher social welfare than ...
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Bilateral Oligopoly and Quantity Competition
... of quantity competition played by ...a Cournot game. Rather, we introduce an alternative game of quantity competition (the market share game) and, appealing to results in the literature ...
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Cournot Bertrand competition in a unionized mixed duopoly
... in Cournot versus Bertrand ...than Cournot equilibrium prices if they fall under the equal sharing rule with asymmetric ...under quantity competition than under price competition fails ...
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Cournot or Stackelberg Competition? A Survey of Experimental Research
... the Cournot game (see Fig- ure 4, ii), a firm’s Stackelberg follower profit exceeds its Stackelberg leader profit and its Stackelberg leader profit exceeds its Cournot profit: Stackelberg competition ...
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Cournot and Bertrand competition with asymmetric costs in a mixed duopoly
... choosing Cournot competition is strictly dominated by choosing Bertrand ...choosing Cournot competi- tion is strictly dominated by choosing Bertrand competition if the degree of the public ...
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Asymmetric competition in food industry with product substitutability
... and quantity by employing a two-stage game theory ...the quantity are simultaneously considered for an ...the Cournot competition and Stackelberg com- petition, and we compare the equilibrium ...
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Quantity Competition in the Presence of Strategic Consumers
... Nash- Cournot equilibrium corresponding to our ...other quantity competition settings, welfare may not be increasing in the level of ...of competition is ...
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Cournot and Bertrand competition with asymmetric costs in a mixed duopoly revisited
... Bertrand competition is more efficient than Cournot competition when goods are differentiated (see also Cheng, 1985; Okuguchi, ...that Cournot equilibrium profits are greater than Bertrand ...
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Reexamination of the Purchasing Power Parity (PPP) under Cournot Competition
... with Cournot competition in the international trade of a unique ...a Cournot perception of foreign and domestic markets and make separate quantity decisions for each market taking the ...
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On a foundation for Cournot equilibrium
... the Cournot equilibrium even in the ...of Cournot competition that prevent convergence, and this in turn suggests that a two-stage strategic market game will be more suited to providing such a ...the ...
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Quantity Competition, Endogenous Motives and Behavioral Heterogeneity
... in quantity competition framework the equilibrium quantities and price reflect the relative weight of the two types of firm, the Cournot and the Walrasian equilibrium emerging as limit cases, as the ...
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Competition of Intermediaries in a Differentiated Duopoly
... taneous competition for resources and ...or quantity competition on the output market and a monopolistic, strategically acting supplier on the input ...for quantity competition only one ...
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Income Distribution, Vertical Differentiation, and the Quantity Competition
... the quantity competition is quite lower than that of the price ...price competition, the con- centration of the consumers would enhance the competition between the ...the competition ...
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Comparing Cournot and Bertrand Competition in a Unionized Mixed Duopoly
... variables was proposed endogenously in the first stage. For the case of a unionized mixed duopoly, only the public firm is able to choose a type of contract irrespective of whether the goods are substitutes or ...
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Collusion in Bertrand versus Cournot competition : a virtual bargaining approach
... price competition than in quantity competition? Why is collusion so hard to detect? We examine strategic behavior in competitive interactions by developing and applying the concept of virtual ...in ...
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A general model of oligopoly endogenizing Cournot, Bertrand, Stackelberg, and Allaz Vila
... of competition—Cournot, Bertrand, Stackel- berg, and Allaz-Vila—in terms of conjectural variations and the equilibrium analysis rationalizes the corresponding ...of quantity setting firms is socially ...
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Quantity Competition in the Presence of Strategic Consumers
... price competition is weak and demand is known, a major decision faced by retailers is determining the quantity of the product that they are going to supply to the ...product quantity decision which, ...
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Optimal Amount and Timing of Investment in a Stochastic Dynamic Cournot Competition
... stochastic Cournot mod- el to examine the effect of increase in uncertainty and number of entrants on the amount and tim- ing of strategic cost reduction ...
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Strategic Subsidy Policies with Endogenous Choice of Competition Mode
... chooses Cournot competition in equilib- rium when the goods are substitutes, there is no a conflict of interest between firms and ...Bertrand competition is the dominant strategy for both firms ...
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Gaming in the Irish Single Electricity Market and Potential Effects on Wholesale Prices ESRI WP488 August 2014
... In addition to controlling how generators are allowed to bid, SEM regulators currently use ‘directed contracts’. The largest generating firms are forced to sell a certain amount of their output at a price determined by ...
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